Trade Report: The Fairchild Semiconductor Intl Inc (NASDAQ:FCS) Given Average Recommendation of “Hold” by Brokerages

Shares of Fairchild Semiconductor Intl Inc (NASDAQ:FCS) have received a consensus recommendation of “Hold” from the eight research firms that are presently covering the firm. Eight analysts have rated the stock with a hold recommendation. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $19.29.

FCS has been the topic of several recent research reports. Zacks Investment Research upgraded Fairchild Semiconductor Intl from a “sell” rating to a “hold” rating in a report on Wednesday, June 22nd. Credit Suisse Group AG reiterated a “hold” rating and issued a $20.00 price target on shares of Fairchild Semiconductor Intl in a report on Tuesday, August 9th.

Fairchild Semiconductor Intl (NASDAQ:FCS) opened at 19.86 on Monday. The firm’s 50-day moving average price is $19.83 and its 200 day moving average price is $19.88. Fairchild Semiconductor Intl has a 1-year low of $12.95 and a 1-year high of $21.71.

Fairchild Semiconductor Intl (NASDAQ:FCS) last posted its quarterly earnings results on Monday, August 8th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.04. The firm earned $350 million during the quarter, compared to the consensus estimate of $338.70 million. Fairchild Semiconductor Intl had a net margin of 0.48% and a return on equity of 5.71%. On average, equities analysts predict that Fairchild Semiconductor Intl will post $0.62 earnings per share for the current year.

Several large investors have recently added to or reduced their stakes in FCS. Invictus RG acquired a new stake in Fairchild Semiconductor Intl during the first quarter worth approximately $132,000. Springbok Capital Management LLC raised its stake in Fairchild Semiconductor Intl by 56.3% in the first quarter. Springbok Capital Management LLC now owns 106,600 shares of the company’s stock worth $2,132,000 after buying an additional 38,400 shares in the last quarter. Coastland Capital LLC raised its stake in Fairchild Semiconductor Intl by 205.0% in the first quarter. Coastland Capital LLC now owns 1,310,867 shares of the company’s stock worth $26,217,000 after buying an additional 881,055 shares in the last quarter. Geode Capital Management LLC raised its stake in Fairchild Semiconductor Intl by 3.6% in the first quarter. Geode Capital Management LLC now owns 814,597 shares of the company’s stock worth $16,291,000 after buying an additional 28,564 shares in the last quarter. Finally, Yakira Capital Management Inc. acquired a new stake in Fairchild Semiconductor Intl during the first quarter worth approximately $352,000. 89.74% of the stock is currently owned by institutional investors.